+259% Top Trader Reveals His Super Performance Strategy
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Deepak Uppal finished 5th in the US Investing Championship in 2023 with an outstanding return of 259%!
In this video Deepak discusses his approach to find the companies that have the highest probability to become true market leaders. His trading really took off after going to the Master Trading Program that US Investing Champion Mark Minervini puts on each year. Recently he's began trading full time.
Later in the video Deepak shares his process, routines and trades he made during the 2023 championship.
2023 Trading Stats:
50% Win Rate
Avg Gain: 3.25%
Avg Loss: -2.3%
Total Trades: 152
He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail.
US Investment Championship Results 2023:
financial-competitions.com/
Follow Deepak Uppal on Twitter/X: / duppal75
Enjoy!
- The TraderLion Team
Timestamps:
00:00 - Deepak Uppal Trading Journey
06:49 - Traders that Shaped His System
13:40 - Why Deepak Entered the USIC
21:08 - Trading Statistics in 2023
32:07 - Comparing Equity Curve to QQQ Chart
41:05 - Deepak's Trading Style
44:37 - Control the Controlables
50:32 - Stock Selection Criteria
58:49 - Buying Tactics
1:11:57 - Selling Rules
1:17:12 - Chart Setup
1:19:29 - 2023 Trade Reviews (RNA, NTES, LULU, ALGN)
1:35:09 - More Trade Reviews (NFLX, TSLA, TQQ)
1:51:37 - Earning Plays (AVGO, CELH, PANW)
2:03:52 - Recent Trades (MSTR & META)
2:08:00 - Current Challenges & Game Plan
2:13:04 - Daily & Weekly Routines
2:16:18 - Final Takeaways
#swingtrader #canslim #traderlion
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Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back.
Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions.
Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential.
Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis.
Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts.
Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques.
Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.
This interview is a prime example of the importance of figuring out what works for YOU as an individual.
His approach is much different than I’m used to.
My brain would have a hard time flipping to dollar amounts as opposed to percentages.
Also his reward to risk %s would be very difficult for me to navigate.
BUT, it works for him and that’s all that matters!!
+250% in one year, congrats! 👏
3:00 Swing trader; 1 month hold at most
6:00 HTMMIS; Mark Minervini influence
12:10 80/20 Technical/Fundamental
13:55 Entering USIC
17:30 Best thing to do is trading
20:50 *2023 Trading stats* (+259% return)
27:30 4 tickers max; use of margin and concentration
32:00 Equity curve will follow what the market is doing
40:55 *What is your trading style?*
44:30 Analyze your results
50:30 Stock selecting criteria
1:01:00 Put/Call; Vix; margin
1:04:00 Market theme
1:11:00 *Concentration*
1:15:00 Scaling out, when to sell
1:17:10 20/50/200 DMAs
1:20:00 Try to have a good start to the year
1:35:05 NFLX; TSLA 1:44:05
1:45:25 TQQQ
1:51:55 AVGO; PANW 1:56:30
2:01:20 SMCI; MSTR 2:03:40
2:13:05 Daily and weekly routines
2:16:15 *Risk management is key*
2:21:20 It’s NOT an easy endeavor
Great talking with Deepak! I hope you enjoy
Thanks Richard
Richard calling Richard!
Your questions are right on point. Everything I would like to know was answered.
@@TraderLion Who's Gordon?
Could you tell me which platform you are using to livestream, pls?
Deepak: "I don't trade any biotechs." 53:16
Also Deepak: "I try to be very careful at the beginning of the year to make sure I don't get myself into a hole." 1:21:28
Proceeds to put 100% of acct into a biotech on January 11: 1:20:07
😂😂😂
the more of these interviews i see, the more i realise these guys trade on intuition not rules
He risked 5.9% of his account in this 1 trade. He probably would've cut all or some at lod but that still would be around 3%. He said "Be a little more conservative early in the year....so you don't dig a big hole" but then risks 4-6x his rules in a January trade. Curious why Richard didn't ask about this contradiction.
Rules are for the world, for me, naaah!!! 😅
Always take away great nuggets of information from these interviews!
Outstanding! Really enjoyed listening to Deepak take us through his trading journey. Thank you!
My downfall is all of my largest % gainers always seems to be my smaller or smallest allocation. They are also the stocks with high volatility so I can’t stomach the swings with a large size.
always inspiring.... many thanks Richard !! many thanks our mentor Mr Deepak Uppal !!
I always learn something new and useful from these interviews, such a great interviewer as well, asking all the questions we are all wondering. Keep up the good work my friend.
What a great interview! Congratulations to both ❤thanks for all the knowledge showing here
Awesome interview, thx to Deepal, and thx for you as usual Richard!
Our pleasure! Thanks Charles
I was very, very appreciative of this video. I liked how uses $ changes of stocks rather than % changes. So simple, but I now realize it’s easier for me to conceptualize, and I think it makes it psychologically easier to take profits when I need to. I also like how he focuses on higher priced stocks that are more likely to make the $ quickly. I hadn’t been using ATR before as a screening criteria. I don’t think I could go “all in” like he does at times-but I appreciate that he is comfortable doing this with careful stock selection. It was great to see that a 200%+ trader can reach this level with a lot of base hits, as long as losses are small. Gives me hope. I took a lot of notes on this one and am very grateful for the interview.
nice video. what confuses me is that before the examples he said he is trying to avoid bio stocks, and then he goes 100% into a bio position. ehm....ok
Exactly. Also, he says he doesn't buy stocks with a price of $75 or less but RNA was around $20 at that time???
@@Mocharnix_exactly this whole interview is very suspicious. Lots of contradictions
Wow this is pure gold!!! Thank you Deepak and Richard!
Our pleasure!
Great information, thank you so much to both of you.
Thanks Richard and Deepak for the great interview. I truly appreciate you willing to share your knowledge and expertise. This seems to be an example of how even the most experience traders know when to break their own rules at times. For some reason Deepak reminds me of Ryan Pierpont, not sure why 😀
Yes, I was confused by his approach.....like another commentator said, he said he avoided bios then he points out RNA as his first trade......also, according to his stop rules the stop on that would be over $1 and he went all in, so there fore he was WAY WAY WAY over his 1% to 1.5% equity risk.....it just didn't make sense.
One of the most realist interviews on this channel. Great stuff!
Glad you think so!
I love these interviews with top performers in the USIC. Thank you traderlion! Thank you Richard and Thank you Deepak for sharing!
Our pleasure!
Excellent interview, raise your hand and thanks to both. ✋👊
Our pleasure! Thanks Tony
Thanks Richard and Deepak. I really enjoy these interviews. Always learn something new!
Thanks for watching Doug
Very good interview - learned a lot. Thanks!
Glad you enjoyed it!
Richard you are seriously one of the best interviewers I've seen! Keep up the good work!🙏
Appreciate that!
It's amazing how many lows he buys, especially for an MPA member. Cheers Deepak! Congratulations
What should be Relative satranth according to Deepak I missed that point.plzz tell me
Grate video. So Deepak monitor 25 names, and have one-two open positions with all in? Am I right?
it sounds crazy that he invested 100% portfolio in single positions
It is crazy for most investors if not all. I would be watching every tic.
@@EMan-cu5zo I'm doing swing and position trades but 25% of portfolio is the most I have for a trade.
Cray cray danger ⚠️
In his small account i think. He has different accounts he mentioned
100% of his *account* and he made it clear he has a few accounts. So in reality he might be investing 25% of his capital per position. He could have been clearer about this.
Def. Learning own style now - are you day trading, swing trading, value investing etc. That was my biggest confusion initially ! Trying to hone in my skills now.
Great job and thanks for listing the tools he uses!
You bet!
Superb video. Awesome content Deepak and Richard. All the traderlion videos are packed with great trading knowledge. Thanks Richard for the great work you are doing and bringing such best content to us.
Our pleasure!
Thank you, my friends!
Our pleasure!
Best advises I’ve heard. Thank you
Glad it was helpful!
Your videos are amazing. Please can you do an interview with a successful Options Trader from the US Investment Championship? Or have you already done any?
Love you brother ❤
"I don't trade biotechs"
...
"So here I put 100% of my account in $RNA"
😂
I was just thinking the same thing. I was gonna say that but you beat me to it. He also says he doesn't buy stocks below $75 but buys an $18 stock.
@@couloir1 @bluedog9685 also ATR above 5
I want to understand the meaning of the red, orange, and purple marks on the chart. Is tc2k putting these on the charts?
Let me give one advice - know what you are buying. Have a finite list of cos that you can learn about over time. It is important to know stuff, because guess what, they will do crazy moves sometimes and you won’t know if it’s an oversold emotional drop or material impairment to business causing the drop. And you can really make a difference for yourself if u know your stocks. I have 50 stocks i track, because that’s the limit of what I can really keep up with.
I always come to your channel because it's the best ! Real charts and real people 💯 👌
I appreciate that!
best thing I learned was how he marks buys and sells on his charts....to do post analysis and track trades.
Awesome!
Great conversation. Interesting that another trader became more successful when he adopted the slow methodical best practice methods that are taught which he summarises and explains all the way through. No short cuts!
No short cuts! To be successful in the markets long term you need to put in the work.
I could only imagine how many people can relate to Deepak!!!!
Follow Deepak Uppal on Twitter/X: twitter.com/duppal75
🕰Timestamps 🕰
00:00 - Deepak Uppal Trading Journey
06:49 - Traders that Shaped His System
13:40 - Why Deepak Entered the USIC
21:08 - Trading Statistics in 2023
32:07 - Comparing Equity Curve to QQQ Chart
41:05 - Deepak's Trading Style
44:37 - Control the Controlables
50:32 - Stock Selection Criteria
58:49 - Buying Tactics
1:11:57 - Selling Rules
1:17:12 - Chart Setup
1:19:29 - 2023 Trade Reviews (RNA, NTES, LULU, ALGN)
1:35:09 - More Trade Reviews (NFLX, TSLA, TQQ)
1:51:37 - Earning Plays (AVGO, CELH, PANW)
2:03:52 - Recent Trades (MSTR & META)
2:08:00 - Current Challenges & Game Plan
2:13:04 - Daily & Weekly Routines
2:16:18 - Final Takeaways
👏👏nice work
Thank you! Cheers!
can you please share the presentation?
Another great interview Richard! One question: little confused on how his batting average is 50% but win/loss ratio is 1.41. Could you clarify this real quick? Thank you!
Win/Loss is calculated by Avg Win/ Avg Loss. BA is unrelated
Number of wins is 50 out of 100
And on an average he makes 1.41x and loses 1.00x
His average win was 1.41R vs his loss 1R
3.25 / 2.3 = 1.41
Would love to know how Deepak approaches wash sales. Is he mark-to-market? Does he have a system? Is it not a concern for him? Appreciate the interview and Deepak sharing his experience.
Ask him on Twitter! x.com/duppal75
@@TraderLion I'm inclined to think this question is one that should be a standard question for any future guest whose trading style involves more than long-term hold. Especially when someone is trading a handful of stocks on a frequent basis, the issue is not trivial. Please consider for future episodes. Thanks.
Nice👍🏾👍🏾👍🏾
I'm confused by the math of a 50% winrate, 1.41 RRR and a max 1-1.5% risk per trade resulting in a 259% return. Either the risk per trade was not (always) capped at 1-1.5% or the position size on his winners happened to be bigger than the size on his losers. I'm curious to hear any thoughts on controlling size on winners vs losers, this has a huge impact!
If you hear it carefully for his buying strategy, he scaled in, which means his winning positions are bigger than losing positions.
Deepak, why are you using TC2000 for charts when you're paying such a high premium for MarketSmith?
MarketSmith is more of a screener. TC and TV are much more powerful charting platforms.
He's rich
@@niagaradonnie thanks, what all do you use?
TV & TOS
Who is the winner that released a course straight away? Could someone share please so that i can avoid them
Goverdhan Gajjala
Funny, he said avoiding Biotech, and one of the first exemples is a Biotech 🙂
🤣🤣🤕🤕
no chapters? sad! 😥
Meta SHOULD go up…. Love the confidence lol
🔑
Good interview, Richard. However, looks like he doesn't follow his rules. On the slide, he said he trades stocks > $75, and not Biotech. But he traded RNA in the 20s and a Biotech. Regardless, it's good to see how he trades. thanks
D-pack is cool
😎
1:09...so true
One this that always keeps me skeptical is, every one being interviewed in this channel always refers to minervini, Master trader program, oneil etc... as if they occupy the whole universe. I don't intend to belittle the whole effort of making this content, but many times this thought stops me from believing that things being said in the interviews are true!!
This channel is focused on growth stock trading in a momentum/trendfollowing manner. That is why many people interviewed trade similar. Those people helped evolve a general strategy that has been used since Livermore and Wyckoff.
The results of many interviewed on here are checked by the USIC.
I thought its' Ryan Pierpoint..
What happens when he has 100% of his equity in a stock and it gaps down past his stop? Try to sell immediately? Has that never happened to him?
Happens to every trader! I'm not sure what Deepak does but often professionals will either sell everything at the open or sell on an opening range break to the downside.
Beginning of interview: “i dont trade biotechs”. 10 mins later, first example of his trades, a biotech… lots of holes in his story imo. Avg loss around 2% yet constantly use big leverage. His first trade was 100% of his portfolio etc etc
he has messages turned off on twitter --- can you tell him to turn on pls
Sure thing
i have actually ran a simulation about his trading stats. to achieve 260% return with 152 trade, a ratio of 1.41 and 50% win rate, you would have to risk 8% (!!!) of your capital on EACH trade (he mentions in the vid he risks about 1% of capital per trade). these numbers he gave are then completly bogus, the dude is not honest whatsoever sorry....the more i listen to this interview, the fishier it gets
152 trade is for round trip and some of them has 10 or 12 legs
@@leihe5215 i ran a simulation for 152 round trips obviously. It s impossible to run a simulation with trades “legs”. but i agree the discrepancy could come from that but then it means he would have constantly in and out of the many legs...it doesnt add up since he doesnt mention that in interview
I feel the same.
Yeah 8% sounds about right and 8% sounds pretty crazy to me tbh
Compound interest when you keep losing 8% lol
🙏
100% position!? That is suicide. Managing risk like gap downs is done through position sizing. E.g limited exposure in one position. How are you managing that potential risk with a 100% position or is it just a complete gamble?
Competition trading is a bit different than personal trading. Large positions off the back of previous success while market is working well.
Never trades biotech? RNA is a biotech and is below 70USD, doesn't make any money. Assuming that he likes the price action because there was a gap up with big volume on Dec 14,2022..so he decides to go all in? That doesn't add up. Best case is that he put a small position due to him not trading biotech because of FDA risk. You have to really audit these trades/performances. You lie in one, you lie in all.
I willl have triple digit growth .. I think I can I think i can haha
There you go James
proves again you dont need ridiculously large wins to do extremely well.
Very first example is RNA, a $18 Biotech.
What happened to the $75+ and never a Biotech?
;)
Not helpful. Most of these videos are based on personal feelings and intuition. I am scientific. I need to know why he bought when he bought and most importantly, everyone should be able to replicate the same result if they follow the rules.
Trading is not purely scientific and we are all humans. Speakers share their trades and style, but if that doesn’t fit your personality you have to carve out your own system.
He's said he's getting "triple digit returns on some recent years." That's not very good in this environment. Nvidia has returned over %300 in the last 52 weeks.
share your results then
Mein Krypto Aktien Portfolio:
1. MSTR - BTC gehobelt (siehe Video)
2. COIN - Gesamter Kryptomarkt
3. KR1 - Junge Altcoins (VC) & Staking Income
Damit ist man gut ausgestattet
trading is useless,men use o go war now chilling in room headphones on making money
I wouldn't call an account size of $20-$30K in the 1990's as small by any means. It would be equivalent to starting with an account size of $300-$400K today if not more when you factor in real inflation. The average US house price in the 90's was around $70-$80K. Just putting things into perspective.
A $20K-$30K would be considered small account size today, not the 90's.
Fantastic interview. Thanks.
Glad you enjoyed it!
His All Calculations are wrong. To risk 2% of account and allocate 50%. We need 4% Stop on Spot. Otherwise we have to use leverage that comes with a cost in futures premium.
did you watch, he uses leverage a lot